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Re: ron_66271 post# 604867

Thursday, 01/02/2020 1:26:06 AM

Thursday, January 02, 2020 1:26:06 AM

Post# of 726918
Ron - this is what the receivership website,so there are a few claims pending. What are those if you are able break it down?
The settlement did not resolve certain claims by the Receiver against JPMC, including the Receiver’s claims against JPMC relating to its alleged participation with other banks in manipulating certain benchmark rates and markets. It also preserves all claims of the Receiver against other persons who caused losses to WAMU prior to its failure, including claims relating to restitution orders and all regulatory and supervisory claims of FDIC-C. The Receiver anticipates that it will make a final distribution at a later date. It is unlikely that the Receiver will have sufficient funds to distribute to holders of receivership certificates issued to WAMU subordinate note holders or equity holders.
https://www.fdic.gov/bank/individual/failed/wamu-settlement.html
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